+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Grid- Tied Inverters Market Report 2025

  • PDF Icon

    Report

  • 200 Pages
  • March 2025
  • Region: Global
  • The Business Research Company
  • ID: 5948699
This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The grid- tied inverters market size has grown strongly in recent years. It will grow from $5.6 billion in 2024 to $6.08 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to government incentives and subsidies, technological advancements in solar energy, increasing adoption of renewable energy sources, grid modernization initiatives, declining costs of solar photovoltaic systems.

The grid- tied inverters market size is expected to see strong growth in the next few years. It will grow to $7.98 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to growing demand for clean energy solutions, expansion of solar power capacity, regulatory support for renewable energy integration, advancements in grid-tied inverter technology, increasing focus on energy efficiency and sustainability. Major trends in the forecast period include adoption of hybrid grid-tied inverters with energy storage capabilities, emergence of smart grid technologies for improved grid management, integration of internet of things (iot) for remote monitoring and control, development of microgrid systems for decentralized energy generation, emphasis on grid resilience and reliability in response to climate change impacts.

The rise in solar power system installations is expected to drive growth in the grid-tied inverter (GTI) market in the coming years. A solar power system is a device that captures solar radiation and converts it into usable electrical or thermal energy. Solar panels in these systems are connected to a grid-tied inverter, which converts the direct current (DC) generated by the panels into alternating current (AC). For example, in July 2023, the International Energy Agency, a France-based intergovernmental organization, reported that solar photovoltaic (PV) generation saw a substantial increase of 270 terawatt-hours (26%), reaching nearly 1,300 terawatt-hours in 2022. Projections suggest that by 2027, the installed power capacity of solar PV will surpass coal, positioning it as the world's largest source of power capacity.

Key players in the grid-tied inverter market are actively innovating and introducing solutions such as grid-tied residential energy storage to enhance their market positions. The integration of grid-tied residential energy storage solutions contributes to market growth by driving demand, fostering technological advancements, and ensuring seamless integration with diverse grid environments. In September 2023, Canadian Solar Inc., a Canada-based renewable energy company, unveiled the EP Cube Lite, a cost-effective residential energy storage solution showcased at RE+ in Las Vegas. This scaled-down version of the EP Cube enhances financial benefits for U.S. households embracing integrated solar and battery storage. With scalable capacities ranging from 6.6 kWh to 19.9 kWh, the system supports compatibility with existing PV systems, allowing for customization. Featuring an integrated hybrid inverter and stackable storage modules, the lightweight components facilitate swift installation, promoting accessibility to energy storage and sustainable practices.

In October 2023, Hitachi Energy, a Switzerland-based power technologies company, completed the acquisition of Eks Energy for $1.2 billion. This strategic move is expected to fortify Hitachi Energy's position in the smart grid and smart city market, while expanding its capabilities in the industrial IoT segment. The acquisition enables Hitachi Energy to offer a more comprehensive suite of products and services, including advanced grid support, energy storage, and distributed energy resources management. Eks Energy, a UK-based provider of advanced power electronics and energy management services, played a crucial role in enhancing Hitachi Energy's portfolio and capabilities in emerging segments.

Major companies operating in the grid- tied inverters market report are Mitsubishi Electric Corporation, Huawei Technologies Co Ltd., Hitachi Ltd., Schneider Electric SE, ABB Ltd., Toshiba Corporation, Emerson Electric Co, Delta Electronics, Chint Power Systems Co Ltd., Omron Corporation, Sungrow Power Supply Co Ltd., KACO New Energy GmbH, CyberPower Systems Inc., SolarEdge Technologies Inc., Enphase Energy Inc., Advanced Energy Industries Inc., Ginlong Technologies Co Ltd., TMEIC International Corporation, SMA Solar Technology AG, Power Electronics España SL, Darfon Electronics Corporation, Luminous Power Technology Pvt Ltd., Fronius International GmbH, FIMER SpA, Altenergy Power System Inc., Growatt New Energy Technology Co Ltd., Sputnik Engineering AG, RS Components Ltd.

North America was the largest region in the grid tied inverters market in 2024. The regions covered in the grid- tied inverters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the grid-tied inverters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The grid-tied inverters market consists of sales of string inverters, microinverters, battery-based inverters, multi-mode (hybrid) inverters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

A grid-tied inverter is a power electronics device designed to convert direct current (DC) into alternating current (AC), facilitating the injection of electricity generated from an external power source, such as a solar plant, into the power grid. Notably, grid-tied inverters operate without the need for batteries and find extensive use in systems utilizing solar panels, wind turbines, and hydroelectric plants.

The primary types of grid-tied inverters are low-frequency inverters and high-frequency inverters. A low-frequency inverter is a device designed to convert direct current (DC) electricity into alternating current (AC) electricity at a relatively low frequency, usually under 5 kHz. These inverters are utilized in various applications such as DC voltage sources, grid connections, and others, with applications spanning residential, commercial, industrial, and other sectors.

The grid- tied inverters market research report is one of a series of new reports that provides grid- tied inverters market statistics, including grid- tied inverters industry global market size, regional shares, competitors with an grid- tied inverters market share, detailed grid- tied inverters market segments, market trends and opportunities, and any further data you may need to thrive in the grid- tied inverters industry. This grid- tied inverters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Grid- Tied Inverters Market Characteristics3. Grid- Tied Inverters Market Trends and Strategies4. Grid- Tied Inverters Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market
5. Global Grid- Tied Inverters Growth Analysis and Strategic Analysis Framework
5.1. Global Grid- Tied Inverters PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Grid- Tied Inverters Market Growth Rate Analysis
5.4. Global Grid- Tied Inverters Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Grid- Tied Inverters Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Grid- Tied Inverters Total Addressable Market (TAM)
6. Grid- Tied Inverters Market Segmentation
6.1. Global Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Low Frequency Inverter
  • High Frequency Inverter
6.2. Global Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • DC Voltage Source
  • Grid Connection
  • Other Application
6.3. Global Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Residential
  • Commercial
  • Industrial
  • Other End-Uses
6.4. Global Grid- Tied Inverters Market, Sub-Segmentation of Low Frequency Inverter, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Transformer-Based Inverters
  • Applications in Large-Scale Systems
6.5. Global Grid- Tied Inverters Market, Sub-Segmentation of High Frequency Inverter, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Transformerless Inverters
  • Applications in Residential and Commercial Systems
7. Grid- Tied Inverters Market Regional and Country Analysis
7.1. Global Grid- Tied Inverters Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Grid- Tied Inverters Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Grid- Tied Inverters Market
8.1. Asia-Pacific Grid- Tied Inverters Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Grid- Tied Inverters Market
9.1. China Grid- Tied Inverters Market Overview
9.2. China Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Grid- Tied Inverters Market
10.1. India Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Grid- Tied Inverters Market
11.1. Japan Grid- Tied Inverters Market Overview
11.2. Japan Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Grid- Tied Inverters Market
12.1. Australia Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Grid- Tied Inverters Market
13.1. Indonesia Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Grid- Tied Inverters Market
14.1. South Korea Grid- Tied Inverters Market Overview
14.2. South Korea Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Grid- Tied Inverters Market
15.1. Western Europe Grid- Tied Inverters Market Overview
15.2. Western Europe Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Grid- Tied Inverters Market
16.1. UK Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Grid- Tied Inverters Market
17.1. Germany Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Grid- Tied Inverters Market
18.1. France Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Grid- Tied Inverters Market
19.1. Italy Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Grid- Tied Inverters Market
20.1. Spain Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Grid- Tied Inverters Market
21.1. Eastern Europe Grid- Tied Inverters Market Overview
21.2. Eastern Europe Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Grid- Tied Inverters Market
22.1. Russia Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Grid- Tied Inverters Market
23.1. North America Grid- Tied Inverters Market Overview
23.2. North America Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Grid- Tied Inverters Market
24.1. USA Grid- Tied Inverters Market Overview
24.2. USA Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Grid- Tied Inverters Market
25.1. Canada Grid- Tied Inverters Market Overview
25.2. Canada Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Grid- Tied Inverters Market
26.1. South America Grid- Tied Inverters Market Overview
26.2. South America Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Grid- Tied Inverters Market
27.1. Brazil Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Grid- Tied Inverters Market
28.1. Middle East Grid- Tied Inverters Market Overview
28.2. Middle East Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Grid- Tied Inverters Market
29.1. Africa Grid- Tied Inverters Market Overview
29.2. Africa Grid- Tied Inverters Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Grid- Tied Inverters Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Grid- Tied Inverters Market, Segmentation by End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Grid- Tied Inverters Market Competitive Landscape and Company Profiles
30.1. Grid- Tied Inverters Market Competitive Landscape
30.2. Grid- Tied Inverters Market Company Profiles
30.2.1. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Huawei Technologies Co Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Schneider Electric SE Overview, Products and Services, Strategy and Financial Analysis
30.2.5. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis
31. Grid- Tied Inverters Market Other Major and Innovative Companies
31.1. Toshiba Corporation
31.2. Emerson Electric Co
31.3. Delta Electronics
31.4. Chint Power Systems Co Ltd.
31.5. Omron Corporation
31.6. Sungrow Power Supply Co Ltd.
31.7. KACO New Energy GmbH
31.8. CyberPower Systems Inc.
31.9. SolarEdge Technologies Inc.
31.10. Enphase Energy Inc.
31.11. Advanced Energy Industries Inc.
31.12. Ginlong Technologies Co Ltd.
31.13. TMEIC International Corporation
31.14. SMA Solar Technology AG
31.15. Power Electronics España SL
32. Global Grid- Tied Inverters Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Grid- Tied Inverters Market34. Recent Developments in the Grid- Tied Inverters Market
35. Grid- Tied Inverters Market High Potential Countries, Segments and Strategies
35.1 Grid- Tied Inverters Market in 2029 - Countries Offering Most New Opportunities
35.2 Grid- Tied Inverters Market in 2029 - Segments Offering Most New Opportunities
35.3 Grid- Tied Inverters Market in 2029 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Grid- Tied Inverters Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on grid- tied inverters market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for grid- tied inverters? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The grid- tied inverters market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Low Frequency Inverter; High Frequency Inverter
2) By Application: DC Voltage Source; Grid Connection; Other Application
3) By End-Use: Residential; Commercial; Industrial; Other End-Uses

Subsegments:

1) By Low Frequency Inverter: Transformer-Based Inverters; Applications In Large-Scale Systems
2) By High Frequency Inverter: Transformerless Inverters; Applications In Residential And Commercial Systems

Key Companies Mentioned: Mitsubishi Electric Corporation; Huawei Technologies Co Ltd.; Hitachi Ltd.; Schneider Electric SE; ABB Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

Some of the major companies featured in this Grid- Tied Inverters market report include:
  • Mitsubishi Electric Corporation
  • Huawei Technologies Co Ltd.
  • Hitachi Ltd.
  • Schneider Electric SE
  • ABB Ltd.
  • Toshiba Corporation
  • Emerson Electric Co
  • Delta Electronics
  • Chint Power Systems Co Ltd.
  • Omron Corporation
  • Sungrow Power Supply Co Ltd.
  • KACO New Energy GmbH
  • CyberPower Systems Inc.
  • SolarEdge Technologies Inc.
  • Enphase Energy Inc.
  • Advanced Energy Industries Inc.
  • Ginlong Technologies Co Ltd.
  • TMEIC International Corporation
  • SMA Solar Technology AG
  • Power Electronics España SL
  • Darfon Electronics Corporation
  • Luminous Power Technology Pvt Ltd.
  • Fronius International GmbH
  • FIMER SpA
  • Altenergy Power System Inc.
  • Growatt New Energy Technology Co Ltd.
  • Sputnik Engineering AG
  • RS Components Ltd.

Table Information